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Top related persons:
CNBC's Jordan Smith - 2 Omar Marques - 1 Emilie Choi - 1 GBTC - 1 Bryan Armour - 1 Bernstein - 1 Keneth Byarugaba - 1 Byarugaba - 1
Top related locs:
U.S Uganda Kampala Nairobi Kenya web3 Chile Europe
Top related orgs:
Lightrocket - 1 Getty - 1 U.S . Securities - 1 Exchange Commission - 1 BlackRock - 1 Fidelity - 1 North America - 1 Morningstar - 1

Search resuls for: "CNBC's Jordan Smith"


2 mentions found


☆ Spot ETFs offer an easier and cheaper way to invest in bitcoin
  + stars: | 2024-01-10 | by ( Mackenzie Sigalos | ) www.cnbc.com   time to read: +3 min
Though approval of multiple spot bitcoin ETFs translates to increased fee competition and a way out for current GBTC investors, many traders would take a capital gains tax hit if they exited their GBTC position to purchase another ETF. watch nowWhether the appetite for spot bitcoin ETFs is overblown is another key concern among investors. "Gold ETFs are currently 1.4% of above ground (investible) gold," the JPMorgan analysts wrote. "We believe that the cryptocurrency markets are pricing in an optimistic impact from Bitcoin ETFs that is likely to fall short of expectations." WATCH: SEC approves 11 bitcoin spot ETFs
Persons: Omar Marques, Emilie Choi, GBTC, Bryan Armour, Bernstein, CNBC's Jordan Smith Organizations: Lightrocket, Getty, U.S . Securities, Exchange Commission, BlackRock, Fidelity, North America, Morningstar, Research, JPMorgan, Mizuho, SEC Locations: U.S
☆ This Ugandan earns a bonus for each person he gets to sign up for Sam Altman's eyeball-scanning crypto project
  + stars: | 2023-08-24 | by ( Mackenzie Sigalos | ) www.cnbc.com   time to read: +12 min
The business-to-business software firm, which has a market cap of $11.5 billion, gave users the option of logging in with their World ID beginning in June. Social media app Discord also uses World ID for verification. But ultimately, the foundation envisions a future where a World ID could be used to facilitate nationwide votes, among other use cases involving banking and e-commerce. Ava Labs president John Wu tells CNBC that the self-custody feature of the Worldcoin ID is also critical. Despite his concerns, Mwangi ultimately chose to enroll in the project because he believed in the wider mission of the World ID.
Persons: Keneth Byarugaba, Byarugaba, Namureba Abel, Abel, Muvya Muthama, Muthama, Sam Altman, Peter Mwangi, I'm, Mwangi, They're, Worldcoin, John Wu, Wu, Ricardo Macieira, Annegret Hilse, hasn't, Byarugaba indoctrinates, it's, isn't, CNBC's Jordan Smith Organizations: Worldcoin, CNBC, cryptocurrency, Social, FBI, Reuters Locations: Uganda, Kampala, Nairobi, Kenya, web3, Chile, Europe, Berlin
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